The rules of property investment have changed! Here are 10 things you need to know if investing in property today. 1. You need more of a deposit to buy an investment property Property investment in Australia is at an all time high. Both the regulator and the RBA have expressed concerns by asking the banks to […]
Since late last year I have been warning people that banks will be increasing interest rates, regardless of what the RBA does officially. APRA (banking regulator) is trying its best to slow down the rapid growth of investors purchasing property. They sent a letter to all the banks in Dec 2014 to slow down lending […]
When you consider that a small flat in Sydney could set you back half a million dollars at the moment, saving a 20% deposit to buy that flat – $100,000 – can seem an insurmountable task. That’s where insurance can help. Lenders mortgage insurance (LMI) may be an added expense, but it offers buyers the […]